The Impact of COVID-19 on the Credit Rating of Companies by Separate Industry
نویسندگان
1 Department of Accounting, Faculty of Social Sciences and Economics, Alzahra University, Tehran, Iran
2 Department of Accounting, Faculty of Social Sciences and Economics, Alzahra University, Tehran, Iran
doi
10.22067/ijaaf.2026.47041.1455چکیده
Credit risk is an essential factor for attracting resources in a competitive business environment. This research investigated the impact of COVID-19 on companies' credit risk across industries to identify sectors that need government support and help improve the economic situation. This paper used 298 companies admitted to the Iranian capital market between 2019 and 2020. According to this research, credit ratings have increased in the automobile industry, parts, and essential metals. Given the increase in credit ratings in some industries, it can be concluded that other factors, such as inflation, the rise in the dollar, the withdrawal from the JCPOA, and economic variables, also affected credit ratings as COVID-19 spread.
